20,407 Shares in PACCAR Inc. $PCAR Bought by E Fund Management Co. Ltd.

E Fund Management Co. Ltd. bought a new position in PACCAR Inc. (NASDAQ:PCAR) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 20,407 shares of the company’s stock, valued at approximately $2,451,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Ares Financial Consulting LLC acquired a new position in PACCAR during the 4th quarter valued at about $27,000. Paladin Partners LLC bought a new stake in shares of PACCAR during the 2nd quarter worth about $27,000. MCF Advisors LLC lifted its stake in shares of PACCAR by 57.5% in the 4th quarter. MCF Advisors LLC now owns 252 shares of the company’s stock worth $28,000 after acquiring an additional 92 shares during the period. Steph & Co. acquired a new stake in shares of PACCAR in the 1st quarter worth approximately $29,000. Finally, Elyxium Wealth LLC bought a new position in shares of PACCAR in the fourth quarter valued at approximately $30,000. 64.90% of the stock is currently owned by institutional investors.

PACCAR Price Performance

PCAR stock opened at $127.47 on Thursday. PACCAR Inc. has a one year low of $92.25 and a one year high of $139.24. The firm has a 50-day moving average of $126.00 and a two-hundred day moving average of $121.79. The firm has a market capitalization of $67.10 billion, a PE ratio of 26.78, a P/E/G ratio of 1.01 and a beta of 0.97. The company has a current ratio of 3.12, a quick ratio of 2.90 and a debt-to-equity ratio of 0.49.

PACCAR (NASDAQ:PCAR) last issued its earnings results on Tuesday, July 28th. The company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.36 by $0.07. PACCAR had a return on equity of 12.73% and a net margin of 9.00%.The business had revenue of $7.55 billion during the quarter, compared to analysts’ expectations of $7.05 billion. During the same quarter last year, the firm posted $1.37 earnings per share. PACCAR’s revenue was up .5% compared to the same quarter last year. On average, analysts forecast that PACCAR Inc. will post 5.89 earnings per share for the current year.

PACCAR Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 12th will be issued a $0.35 dividend. The ex-dividend date is Wednesday, August 12th. This represents a $1.40 dividend on an annualized basis and a yield of 1.1%. PACCAR’s dividend payout ratio is currently 29.41%.

Key PACCAR News

Here are the key news stories impacting PACCAR this week:

• Positive Sentiment: Zacks Research raised earnings estimates across multiple periods. The firm lifted its 2026 EPS forecast to $5.66 from $5.34, 2027 EPS to $6.82 from $6.30, and 2028 EPS to $7.55 from $7.24. Quarterly estimates were also increased, including Q3 2026 to $1.53, Q4 2026 to $1.55, Q1 2027 to $1.51, Q2 2027 to $1.67, Q3 2027 to $1.78, Q4 2027 to $1.86, and Q1 and Q2 2028 to $1.66 and $1.86, respectively. These revisions indicate improving expectations for PACCAR’s earnings trajectory. PACCAR analyst estimate revisions
• Neutral Sentiment: The improved forecasts do not represent a change in PACCAR’s official outlook. The current-year consensus EPS estimate remains $5.85, above Zacks Research’s $5.66 forecast, so the revisions are supportive but do not necessarily signal an immediate earnings beat or a new fundamental development.
• Negative Sentiment: PCAR’s valuation leaves less room for disappointment: the stock trades at roughly 26.9 times earnings and remains near its 52-week high. With no new orders, guidance increase, or operating update in these reports, investors may be taking profits or waiting for additional evidence that the projected earnings growth will materialize.

Wall Street Analyst Weigh In

PCAR has been the topic of several research analyst reports. Wells Fargo & Company lifted their price target on PACCAR from $125.00 to $157.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Evercore set a $139.00 price objective on PACCAR in a report on Monday, May 11th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $148.00 target price on shares of PACCAR in a research note on Wednesday, July 29th. Morgan Stanley set a $119.00 target price on PACCAR in a research note on Wednesday, July 29th. Finally, JPMorgan Chase & Co. lifted their target price on PACCAR from $155.00 to $164.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Two analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, PACCAR has an average rating of “Hold” and a consensus price target of $131.70.

Insider Transactions at PACCAR

In other news, CEO R Preston Feight sold 50,975 shares of the company’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $133.07, for a total transaction of $6,783,243.25. Following the completion of the sale, the chief executive officer owned 268,625 shares in the company, valued at approximately $35,745,928.75. This represents a 15.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Brice J. Poplawski sold 1,970 shares of the stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $132.50, for a total value of $261,025.00. Following the transaction, the chief financial officer directly owned 1,391 shares in the company, valued at approximately $184,307.50. This represents a 58.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 56,842 shares of company stock worth $7,565,677. Corporate insiders own 1.99% of the company’s stock.

PACCAR Company Profile

PACCAR Inc is a global technology leader in the design, manufacture and customer support of light-, medium- and heavy-duty commercial vehicles. The company’s products are marketed under well-known brand names including Kenworth, Peterbilt and DAF and span vocational and long-haul applications. PACCAR’s core business includes vehicle engineering and assembly as well as the supply of components and proprietary powertrain systems designed to meet regulatory and customer performance requirements.

In addition to truck manufacturing, PACCAR operates a comprehensive aftermarket parts business, distributes used trucks and provides commercial vehicle financing and leasing through its financial services operations.